Cost of living
Ife compared to Oyo State
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Overview comparison
IfeOyo State
Consumer prices in Ife are roughly 2% higher than in Oyo State.
Cost of living
| Item | Ife | Oyo State |
|---|
| Total with rent one person | 654 | 784 |
|---|
| Total with rent family | 1,758 | 2,080 |
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| Without rent one person | 403 | 445 |
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| Without rent one family | 843 | 1,030 |
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| Rent & Utilities person | 498.28 | 275.7 |
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| Rent & Utilities family | 918.14 | 645.55 |
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| Food person | 248 | 302 |
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| Food family | 747 | 680 |
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| Transport person | 55.12 | 70.03 |
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| Transport family | 167.81 | 147.22 |
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| Life expectancy | 74.65 years | 71.71 years |
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Eating Out
| Item | Ife | Oyo State |
|---|
| Lunch Menu | 2.64 | 2.43 |
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| Dinner in a Restaurant, for 2 | 32.72 | 37.31 |
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| Fast food meal, equiv. McDonald's | 4.21 | 5.22 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 0.98 | 0.91 |
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| Cappuccino | 0.81 | 2.21 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 0.51 | 0.39 |
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Rent & Utilities
| Item | Ife | Oyo State |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 546.89 | 423.97 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 322.8 | 175.47 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,271.44 | 1,033.33 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 551.18 | 704.93 |
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| Utility Bill one person, electricity, heating, water, etc. | 21.36 | 25.75 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 25.26 | 43.77 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 42.98 | 33.25 |
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Transportation
| Item | Ife | Oyo State |
|---|
| Local transport ticket | 14.84 | 11.15 |
|---|
| Monthly ticket local transport | 976 | 691 |
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| Taxi Ride, 8 km or 5 mi | 315 | 171 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.36 | 0.38 |
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| Mortgage Interest Rate for 20 Years | 16.37% | 12.89% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 17.04 | 22.3 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 0.46 | 0.68 |
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Groceries
| Item | Ife | Oyo State |
|---|
| Milk, 1 L or 1 qt | 1.91 | 3.03 |
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| Bread, 0.5 kg or 1.1 lb | 0.65 | 1.65 |
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| Eggs, x12 | 2.12 | 1.65 |
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| Cheese, 1 kg or 2.2 lb | 5.17 | 4.41 |
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| Chicken Breast, 1 kg or 2.2 lb | 4.83 | 4.14 |
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| Round Steak, 1 kg or 2.2 lb | 3.9 | 5.16 |
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| Banana, 1 kg or 2.2 lb | 1.95 | 2.83 |
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| Water, 1 L or 1 qt | 0.33 | 0.35 |
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Other
| Item | Ife | Oyo State |
|---|
| Gym Membership, 1 month | 19.66 | 11.79 |
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| Cinema Ticket, 1 person | 4.17 | 5.9 |
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| Doctors visit | 8.12 | 6.36 |
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| Haircut, simple | 1.4 | 1.43 |
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| Brand Jeans | 27.54 | 15.87 |
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| Brand Sneakers | 46.75 | 51.69 |
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| Daycare or Preschool, 1 month | 42.4 | 77.71 |
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| International Primary School, 1 year | 2,240 | 2,689 |
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